TheMReport

March 2012

TheMReport — News and strategies for the evolving mortgage marketplace.

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SOCIAL LIFE Link Up with LinkedIn Readers of MReport and followers of the Five Star Institute are active on LinkedIn, providing commentary on the most significant industry news; find out what headlines created conversation this month. On new GSE initiatives for unemployed borrowers . . . unemployment for 26 to 90 weeks and now they can stay in their home for one year without making a payment? Our government is not helping our economy progress but rather regress. Crazy!" —JOHN THEIS, ASSOCIATE BROKER FOR RADIANT GROUP "As it is, in Arizona, folks can collect work the bugs out of it before they make it available to the agents." "I think that's a great idea. I hope they —CYNDI CARVER, MANAGING BROKER AT economy to absorb many of the unemployed borrowers, the house could eventually reach foreclosure. Good for the homeowner, but bad for the lender or investor who owns the loan." —ARNOLD VER, REO AND SS OPERATIONS MANAGER FOR REOTEAM247 "With no fast-expanding REALTY EXECUTIVES EVERGREEN BROKER AND OWNER OF CHOICE GALLERY HOMES On the industry's new agent-focused ecommerce and data services . . . On recent mortgage servicing acquisitions . . . "Thank goodness there are still alleviate some of the pressure of these default mortgages . . . . afford to get a bad reputation." —JASON DAVIS, CLIENT SERVICES MANAGER FOR WILLIAMS & WILLIAMS "If lenders never get back the capital, then they will never lend to new buyers and to new businesses? Taxpayers are really running out of money!" —CY MARLOW, REAL ESTATE BROKER FOR L.J. MICHAELS REAL ESTATE APPRAISALS process of doing the same thing." RESNET, who is already in the "Sounds like Equator is on the heels of —JOANNE FINOCHIO, LICENSED SALES ASSOCIATE AT BETTER HOMES AND GARDENS REAL ESTATE [JPMorgan] Chase can't some investors out there to Ocwen's problem." —FRED STRICKROOT, PRESIDENT AND BROKER FOR HOMENET THE M REPORT | 17 and turned a blind eye. Now it is "They were aware of the problems

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